The Discrete Charm of Nominal Illusion

We investigate the emergence and persistence of nominal illusion in an experimental entry game where firms must choose which local market to enter, then compete in prices. All local markets are equivalent in real terms and they only differ in the currency the price competition is run under. Our expe...

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Detalles Bibliográficos
Autores Principales: Fatas, Enrique, Morales, Antonio J.
Otros Autores: Facultad de Economía
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: 2018
Acceso en línea: